Living in the Buffalo NY Metro area? Thinking of selling your home? Get started with a Free no obligation Comparative Market Analysis.
What is a Comparative Market Analysis (CMA)?
Comparative market analysis is an examination of the prices at which similar properties in the same area recently sold. Real estate agents perform a comparative market analysis for their clients to help them determine a price to list when selling a home or a price to offer when buying a home.
What Criteria is used in a Comparative Market Analysis
- Home value trends for the Buffalo NY metropolitan area. You can use the trend to see where values are headed in your area: up, down or nowhere. This shows you the momentum of your local market, which helps you know how to pace your expectations.
- Comparative Market Analysis – the most recent sale price of houses that are the most like yours in your neighborhood
- Square footage, finishes, age, condition, location, and more
Get a free no obligation Comparative Market Analysis for your home in the western NY area.